Overview / Commentary
Grand Rivers Community Bank is headquartered in Grand Chain and is the 392nd largest bank in the state of Illinois. It is also the 4,940th largest bank in the nation. It was established in 1902 and as of December of 2020, it had grown to 11 employees at 3 locations. Grand Rivers Community Bank has a F health rating.
Health
F
Data as of Q4 2020
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Grand Rivers Community Bank has a low asset base, and a negative return on equity.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 10816 |
| Year Established | 1902 |
| Employees | 11 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -4.64% |
| Return on Equity - YTD | -99.44% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $21.7MM$29.6MM |
| Loans | Q4 2020vs Q4 2019 | $14.0MM$18.0MM |
| Deposits | Q4 2020vs Q4 2019 | $19.9MM$26.5MM |
| Equity Capital | Q4 2020vs Q4 2019 | $701.00K$1.9MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $407.00K$512.00K |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $701.00K$742.00K |
| Real Estate Owned | Q4 2020vs Q4 2019 | $705.00K$739.00K |